Smart Buildings

Q3 Overview of Acquisitions in the Smart Buildings Space

This article was written by Daphne Tomlinson, Senior Research Associate at Memoori. In the third quarter of 2019, M&A activity in the Smart Buildings space continued at the same level as in the second quarter, with 59 acquisitions recorded by Memoori by the end of September. This article provides a snapshot of some of the notable acquisitions in the building automation, proptech and smart home sectors during the quarter. The Building Automation sector saw more Consolidation in Europe In Germany, Bosch Building Technologies acquired GFR, as reported previously, complementing its building solutions portfolio. GFR offers complete building automation solutions and related services with a comprehensive hardware and software product portfolio. The company's solutions form the basis for sustainable building operations and are used in a wide range of industries, including shopping centers and hospitals. GFR's building automation system is also used in the entertainment sector. For example, the company provides the control center for the […]

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